The dollar index DXY rose by 0.5% during the day and is now at 104.86
the US dollar index DXY rose more than ten points in the short term, and the intraday increase expanded to 0.50%, now reporting 104.86.
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President Trump on Saturday signed an executive order imposing 25% tariffs on imports from Canada and Mexico, with a 10% tariff on Canadian energy and oil, and an additional 10% tariff on China.The implementation of the tariffs was delayed to Tuesday at 12:01 am.Mexico’s President Sheinbaum announced the country would implement both tariff and non-tariff retaliatory measures, while Canadian PM Trudeau said Saturday night Canada would implement 25% tariffs on a swath of American goods in response.
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